BankNifty Technical analysis - Mar 3 2025

3 thg 3

RED UMVD flashed warning sign back in Oct. I hope some of you were able to use this signal to cash out.
Bars are red and we are approaching immediate support again, lets see how it handles.
As long as UMVD is Red , I wouldn't buy. TrapZone has thinned now and market will most likely get volatile and sideways, unless we enter another wave of selloff. In that case we will see Red TrapZone and all hell will break. lol

will post an hourly for short term players.

3 thg 3

Ghi chú

Clearly in short trend, at the moment.

4 thg 3

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